Inflation Tamed


Jamaica Observer: “Inflation Tamed”

Bolstered by the success of policy reforms, inflation targeting and economic performance that came within projected levels, the Governor of the Bank of Jamaica (BOJ) Brian Wynter yesterday reiterated the Central Bank’s commitment to economic stability


Jamaica Observer: “IMF says JA rebounding from recession”

INTERNATIONAL Monetary Fund (IMF) representative Gene Leon says Jamaica is rebounding from the global recession.


Jamaica Gleaner: “BOJ bullish on economy”

The central bank on Thursday remained upbeat that the Jamaican economy is on the route to recovery, saying that it could even record growth of one per cent this fiscal year.


Jamaica Observer: “Jamaican economy right on track – Shaw “

FINANCE minister Audley Shaw on Wednesday delivered a glowing report card on Jamaica’s economy which he said was in a stable condition with most of the macro economic targets being achieved as outlined in the letter of intent to the International Monetary Fund (IMF).


Jamaica Observer: “Fed to buy US$18 billion in government debt”

THE Federal Reserve announced Wednesday that it will buy US$18 billion worth of government debt in a bid to jumpstart the economic recovery.


Jamaica Observer: “Federal deficit running below last year’s record”

WITH two months to go in the budget year, the US federal deficit is on pace to come in just under last year’s record high in an election year when government spending has drawn voter ire.


Jamaica Observer: “US trade deficit widens”

THE US trade deficit widened sharply in June to the highest level in 20 months on increased imports from China, triggering fresh fears of a slowdown in the world’s largest economy.

Moody’s says US, UK have to fix public finances


Jamaica Observer: “Moody’s says US, UK have to fix public finances”

LONDON, England – The United States and Britain must take action soon to get their public finances in order if they want to avoid threats to their top triple-A credit ratings, a leading credit ratings agency said yesterday.


Jamaica Observer: “Moody’s US credit warning spooks world markets”

LONDON, England – EUROPEAN and US stock markets fell sharply yesterday after worse than expected German industrial production data and a warning from a leading credit ratings agency that the US Government needs to get its public finances in shape soon.

Bunting’s new finance house to list


Jamaica Observer: “Bunting’s new finance house to list”

PETER Bunting’s new finance house is to follow Barita Investments and list on the Jamaica Stock Exchange (JSE) early in the new year, taking the number of listings to 46. The Initial Public Offering (IPO) is expected to be announced over the coming weeks.


Jamaica Observer: “Barbados Central Bank Governor says no need to fear over ratings fall”

Barbados’ new Central Bank Governor says there’s no need to worry about the recent downgrade in the country’s economic outlook by rating firm, Standard & Poor’s (S&P). In fact, Dr DeLisle Worrell says it doesn’t mean much considering Barbados is not seeking a loan on the international market.


Jamaica Observer: “Fed survey finds US recovery gaining momentum”

The U.S. economic recovery gained traction in the late fall as shoppers spent a bit more and factories bumped up production, according to a Federal Reserve survey released Wednesday.

BOJ cuts rates again – As Gov’t Renegotiates Domestic Debt Repayment


Jamaica Gleaner: “BOJ cuts rates again – As Gov’t renegotiates domestic debt repayment”

The Bank of Jamaica cut rates again Thursday, a week behind its last adjustment, in a move designed to bring down the cost of funds for the Government, analysts said, but they also took it as further evidence of a new agreement on interest rate policy under the borrowing facility being negotiated by Government.


Jamaica Observer: “A masterplan for Jamaica

The Jamaican government’s decision to seek financial aid from the International Monetary Fund (IMF) has put into sharp focus the perilous state of the Jamaican economy and raises the question, where does the country go from here?


Jamaica Gleaner: “Barbados enters recession”

The governor of the Barbados Central Bank says the Caribbean island’s economy is in recession. But Prime Minister David Thompson said his country would not follow Jamaica’s lead and seek help from the International Monetary Fund. (IMF).


Jamaica Observer: “Obama sees the beginning of the end of the recession”

President Barack Obama said Wednesday he sees “the beginning of the end of the recession”, as economic indicators and comments from the Federal Reserve suggested stabilisation after a brutal slump.